687 Cora St Ridgway, CO 81432
- Manufacturing properties
- 6,016 SF
- 0.45 lot acres
Current Use by Public Records
- Telluride Custom Millworks / Cabinet Maker
Property Details for 687 Cora St
- Year built
- 2013
- Construction
- WOOD
- Lot size
- 0.45 lot acres
- Property size
- 6,016 SF
- Property type
- Manufacturing properties
- APN
- 430516202006
- APU
- 430516202006
Description
This exceptional 9,870 square foot commercial building presents a rare opportunity in the desirable mountain town of Ridgway, Colorado. Situated on a half-acre I-2 zoned lot, this property offers unparalleled access and visibility at the intersection of US Highway 550 and Colorado Highway 62. Constructed eight years ago, the building is in pristine condition and ready for immediate occupancy – a true "plug and play" solution for industrial users. Its design allows for up to four separate tenants, providing flexibility for various business models. Unlike some properties in the area operating under restrictive "special use" permits, this building ensures long-term operational stability within its established zoning. The strategic location in Ridgway provides significant advantages for businesses seeking a thriving community with access to major transportation routes. The property's size and zoning make it suitable for a wide range of manufacturing or industrial applications. This is a unique chance to establish or expand your operations in a highly sought-after location within a vibrant mountain community. The building's robust construction and well-planned layout ensure a functional and efficient workspace. Don't miss this exceptional opportunity to secure a prime industrial property in Ridgway. The asking price is $2,000,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $145,000
- 6.5%
- $160,000
- 7%
- $155,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $175,000
- Geo Method
- $150,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $165,000
- Retail
- $170,000
- Mixed-Use
- $155,000
- Hospitality
- $175,000
- Educational
- $140,000
- Residential Income
- $160,000
- Energy
- $140,000
- Income-Based Land
- $175,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- Ridgway
- County
- Ouray
- State
- Colorado
- Longitude
- -107.758
- Latitude
- 38.1582
- CBSA code
- 33940
- CBSA name
- MONTROSE, CO MICROPOLITAN STATISTICAL AREA